Description
Energy is fundamental to modern life. The Outlook for Energy is ExxonMobil’s global view of energy demand and supply through 2040. We use the Outlook to help inform our long-term business strategies and investment plans. The Outlook highlights the dual challenge of providing affordable energy to support growing population and prosperity while reducing environmental impacts – including the risks of climate change. As the world’s population is projected to exceed 9 billion people by 2040, society will be challenged to provide the energy required to improve living standards everywhere. Through the Outlook, we seek an understanding of the factors that drive the world’s energy needs, enabling informed decisions of how to satisfy those needs.